CHINA CHENGTONG (00217) Subsidiary Enters into After-sale Leaseback Agreement

CHINA CHENGTONG (00217) announced on November 21, 2025, that Chengtong Financial Leasing (an indirect wholly-owned subsidiary of the company) has entered into a sale and leaseback agreement with co-tenants Hebei Beijing Tang Industrial Technology Co., Ltd. and China Twenty-Two Metallurgical Group Co., Ltd. According to this agreement, Chengtong Financial Leasing will purchase leasing assets from the co-tenants and then lease these assets back to them. The lease term is for 3 years, but can be terminated early based on the terms and conditions of the sale and leaseback agreement. The leasing assets refer to several construction machinery and auxiliary equipment.